NOT LISTED FOR SALE

10505 Freedom Way Cedar Lake, IN 46303

Estimated Value: $224,000 - $242,000

2 Beds
2 Baths
1,450 Sq Ft
$162/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $227,000 $157 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,700/month

29 Days on Market

Highlights

  • 1 Car Attached Garage
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of March 2024

Welcome to your dream home! This meticulously maintained 2-story townhome offers the perfect blend of comfort and convenience in a maintenance-free setting. Boasting 2 large bedrooms, including a main bedroom with a spacious walk-in closet, and 2 full bathrooms (1 on main floor, and 1 upstairs).The open concept main floor living space welcomes you and allows for seamless integration of your living and dining areas. The heart of this home lies in the well-appointed kitchen with pantry, featuring sleek stainless-steel appliances. The sale includes not only the kitchen appliances but also a washer and dryer, making this property truly move-in ready. This townhome delivers with a strategically located laundry room on the upper level, eliminating the need to carry loads up and down stairs. The 1-car attached garage provides secure/convenient parking and additional storage space.Beyond the confines of your home, this community offers a refreshing pool and a fitness center.

Last Listed By

Nicole Szymanski

@properties/Christie's Intl RE License #RB14051213 Listed on: 01/16/2024

@properties/Christie's Intl RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,762

Year Built

  • Built in 2020

Lot Details

  • 1,584 Sq Ft Lot
  • Lot Dimensions are 22x72

Parking

  • 1 Car Attached Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,450 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener Leased

Community Details

  • Property has a Home Owners Association
  • 1St American Management Association, Phone Number (219) 464-3536
  • Centennial Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 451528383003000014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,762

Year Built

Built in 2020

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA2041
  • Co List Office Phone: (219) 440-0070
  • Co List Office Mls Id: NRA2041
  • Subdivision Name: Centennial Sub
  • Above Grade Finished Sq Ft: 1450
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer, Water Softener Rented
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.0364
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association Fee: 85
  • Association Name: 1st American Management
  • Phone: 219-464-3536
  • Association: Yes

Schools

  • Junior High Dist: Hanover

Lot Info

  • Lot Dimensions: 22x72
  • Lot Size Sq Ft: 1584
  • Parcel #: 451528383003000014

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1762

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Mar 26, 2024
Sold by
Molina Rebecca
Bought by
Gallagher Jack M
Seller's Agent
Nicole Szymanski
@properties/Christie's Intl RE
Buyer's Agent
Jorrdan Orr
McColly Real Estate
List Price
$229,000
Sold Price
$227,000
Premium/Discount to List
-$2,000
-0.87%
Total Days on Market
29
Views
101
Current Estimated Value
$234,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,580
Avg. Annual Appreciation
2.90%
Original Mortgage
$215,650
Outstanding Balance
$213,360
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$21,220

Purchase Details

Listed on
Jan 31, 2020
Closed on
Mar 31, 2020
Sold by
North Centennial Development Llc
Bought by
Molina Rebecca
Seller's Agent
Lisa Grady
McColly Real Estate
List Price
$154,711
Sold Price
$154,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$150,070
Interest Rate
3.6%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gallagher Jack M $227,000 Proper Title
Molina Rebecca -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Jack M $215,650
Previous Owner Molina Rebecca $150,070
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $227,000 -0.9% $157 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $229,000 +48.0% $158 / Sq Ft
03/31/2020 03/31/20 Sold $154,711 0.0% $107 / Sq Ft
02/09/2020 02/09/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $154,711 -- $107 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,719 $186,500 $16,500 $170,000
2023 $1,762 $177,500 $16,500 $161,000
2022 $1,762 $163,500 $16,500 $147,000
2021 $1,491 $154,200 $10,700 $143,500
2020 $1,467 $63,800 $10,700 $53,100
2019 $7 $300 $300 $0
Source: Public Records

Agents Affiliated with this Home

  • Nicole Szymanski

    Seller's Agent in 2024

    Nicole Szymanski

    @ Properties

    (219) 743-1124

    4 in this area

    31 Total Sales

    Nicole Szymanski
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Myra Mitchell

    @ Properties

    (219) 808-4104

    3 in this area

    252 Total Sales

    Myra Mitchell
    Section Image
  • Jorrdan Orr

    Buyer's Agent in 2024

    Jorrdan Orr

    McColly Real Estate

    (219) 267-0677

    8 in this area

    164 Total Sales

    Jorrdan Orr
    Section Image
  • Lisa Grady

    Seller's Agent in 2020

    Lisa Grady

    McColly Real Estate

    (219) 308-6237

    78 in this area

    521 Total Sales

    Lisa Grady
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 543743

Northwest Indiana Association of REALTORS®

APN: 45-15-28-383-003.000-014

Indiana Lake County Cedar Lake 46303

10505 Freedom Way, Cedar Lake, IN

Homes for Sale in Cedar Lake, IN

This home is located at 10505 Freedom Way, Cedar Lake, IN 46303 since 16 January 2024 and is currently estimated at $234,580, approximately $161 per square foot. This property was built in 2020. 10505 Freedom Way is a home located in Lake County with nearby schools including Jane Ball Elementary School, Hanover Central Middle School, and Hanover Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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